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20121130
20121130
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CNBC
Nov 30, 2012 6:00am EST
be more of an education process to say look at the numbers, here are the numbers. we haven't heard that. >> i think that's right. remember, we do elect representatives of the people. they should understand it. when you are running at a trillion dollar plus deficit every year and have $16 trillion worth of debt, it is 100% of gdp, that's a signal we have to do something. so i wouldn't expect all the american people that haven't had much exposure to this stuff to be fully cognizant. i hope the representatives are. >> but do you have people that say there is not a problem here. some -- like paul krugman who is a nobel prize-winning economist knows more than people on the street were doing this, he says you shouldn't be doing this at this point. >> i think that paul krugman is -- remarkable record of being wrong a lot of times. and -- i know that he has been -- nobel laureate and i won't be. but i think there's -- any serious person recognizes there is a problem here and we have to do something about it. >> how come we are still not talking about simpson-bowles. you are. it is not happ
Search Results 0 to 0 of about 1